Income-tax (17th Amendment), Rules, 2002

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These Rules may be called the Income-tax (17th Amendment), Rules, 2002 (2) They shall be deemed to have come into force on the Ist day of August, 2002. 2. In the Income-tax Rules, 1962, in Rule 3,- (i) In sub-n4e (2), for clause (B), the following clause shall be substituted, namely:" "(B) Wher .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... penditure, incurred thereon; (b) the employer gives a certificate to the effect that the expenditure was incurred wholly and exclusively for the performance of official duties."; (ii) in sub-rule (7),-(a) for clause (v), the following clause shall be substituted, namely:- "(v) The amount of expenses including membership fees and annual fees incurred by the employee or any member of his house .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d from the employee for such benefit or amenity." (b) in clause (vi), for sub-clause (B), the following sub-clause shall be substituted, namely:- "(B) Nothing contained in this sub-rule shall apply if such expenditure is incurred wholly and exclusively for business purposes and the following conditions are fulfilled:- (a) complete details in respect of such expenditure is maintained by the, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X